Leading UK challenger bank, Revolut, is growing fast and now has around four million customers; they are adding new customers at the rate of 10,000 a day but by the end of the year they expect that number, in Europe alone, to be 50,000; they will double their headcount in the London office to achieve that goal; monthly active users have grown from 900,000 in July 2018 to 1.9 million today; Revolut plans to launch in seven new international markets in the near future. Source.
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.